Fiserv, Inc. $FISV Shares Acquired by Value Holdings Management CO. LLC

Value Holdings Management CO. LLC lifted its stake in shares of Fiserv, Inc. (NASDAQ:FISV) by 39.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,000 shares of the business services provider’s stock after purchasing an additional 13,000 shares during the period. Fiserv comprises 1.0% of Value Holdings Management CO. LLC’s investment portfolio, making the stock its 24th biggest position. Value Holdings Management CO. LLC’s holdings in Fiserv were worth $5,931,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in Fiserv by 91.9% in the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after purchasing an additional 2,033 shares in the last quarter. Bison Wealth LLC raised its position in shares of Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after buying an additional 116 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Fiserv by 1,205.1% in the first quarter. Wellington Management Group LLP now owns 565,201 shares of the business services provider’s stock worth $124,813,000 after buying an additional 521,894 shares in the last quarter. Martingale Asset Management L P acquired a new position in Fiserv during the first quarter worth about $639,000. Finally, CW Advisors LLC grew its stake in Fiserv by 270.6% during the 1st quarter. CW Advisors LLC now owns 13,733 shares of the business services provider’s stock valued at $3,038,000 after acquiring an additional 10,027 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FISV has been the topic of several recent research reports. BTIG Research restated a “buy” rating and set a $180.00 target price on shares of Fiserv in a report on Wednesday, October 29th. Oppenheimer reissued an “outperform” rating and set a $91.00 price objective on shares of Fiserv in a research note on Thursday, October 30th. Deutsche Bank Aktiengesellschaft set a $122.00 price target on Fiserv in a report on Thursday, October 16th. B. Riley cut shares of Fiserv from a “buy” rating to a “neutral” rating in a research report on Wednesday, October 29th. Finally, BNP Paribas Exane reiterated a “neutral” rating and issued a $62.00 target price on shares of Fiserv in a report on Wednesday, November 5th. Ten investment analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $121.08.

Insider Activity

In other news, insider Adam L. Rosman acquired 7,900 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were purchased at an average price of $63.19 per share, for a total transaction of $499,201.00. Following the acquisition, the insider owned 61,285 shares of the company’s stock, valued at $3,872,599.15. This represents a 14.80% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Paul M. Todd bought 17,000 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were purchased at an average price of $62.41 per share, with a total value of $1,060,970.00. Following the completion of the acquisition, the chief financial officer directly owned 24,453 shares in the company, valued at $1,526,111.73. This trade represents a 228.10% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders bought 34,900 shares of company stock valued at $2,211,971. 1.00% of the stock is currently owned by corporate insiders.

Fiserv Price Performance

Shares of FISV opened at $67.94 on Friday. The firm has a 50-day simple moving average of $78.73 and a two-hundred day simple moving average of $123.35. The stock has a market cap of $36.93 billion, a PE ratio of 10.50, a P/E/G ratio of 2.62 and a beta of 0.80. Fiserv, Inc. has a 1-year low of $59.56 and a 1-year high of $238.59. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.08 and a quick ratio of 1.08.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, March 26th. The business services provider reported $1.91 EPS for the quarter. Fiserv had a net margin of 17.05% and a return on equity of 19.47%. The firm had revenue of $4.32 billion for the quarter. As a group, analysts forecast that Fiserv, Inc. will post 10.23 EPS for the current year.

About Fiserv

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.